Sell EUR/AUD – 1H – SELL

In addition a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 1.62483 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support level at 1.63721 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 1.64581
2nd High 1.64243
Next High 1.63721
Current Price 1.62708
Next Low 1.62483
2nd Low 1.61997
3rd Low 1.61282

1.63721 – 1.63348 – 1.64243 – 1.62483 – 1.62796 – 1.6298 —
1.63637 – 1.62981 —
68.55537028496 – 40.328685427347 —
– —
1.63721 – 1777968000

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